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Crude Oil Extends Decline Amid Iran-Oman Diplomacy Over Strait of Hormuz Access

Blocknomi Published 27.08.2026 07:35

TLDR Brent crude declined 2.5% to reach $86.38 per barrel while WTI slipped 2.2% to $80.53 Foreign ministers from Iran and Oman held discussions on a provisional plan to restore…

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